Bullboard - Stock Discussion Forum Discovery Silver Corp T.DSV

Alternate Symbol(s): DSVSF

Metals & Mining Silver

Discovery Silver Corp. is a precious metals company engaged in the acquisition, development and operation of assets. The Company’s flagship asset is its 100%-owned Cordero project, an undeveloped silver deposit, which is located close to infrastructure in a mining belt in Chihuahua State, Mexico. The key targets being evaluated include La Perla (10 kilometers (km) south of Cordero), Dos Mil... see more

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TSX:DSV - Post Discussion

Discovery Silver Corp > A 1 Dollar Increase in the Price of Silver-

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Post by jimbo37 on Apr 11, 2021 5:28pm

A 1 Dollar Increase in the Price of Silver-

Will increase the market cap by 1 billion Dollars- they only have a market cap of 700 million now- imagine if or when silver goes to $50 this year - what does that do to there price- thats the resource there working on- ONE BILLION OUNCES-

I say $50 silver equalls $50 DSV.

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Comment by peasoupfog on Apr 11, 2021 6:11pm

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Comment by jimbo37 on Apr 11, 2021 7:26pm

i Agree with you Peasfag but in a silver bull market things can get carried away

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Comment by Heywood_Silvers on Apr 11, 2021 9:48pm

To further add to your comments..... The average, run-of-the-mill silver project may only yield a buyout at the absurdly low 5% of NPV. However, Cordero is world-class and has very few, if any, peers in its league. Average will not apply in any Discovery buyout. I (and I am sure Sprott also) will not sell a dollar for a plum nickel!!

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